Ada MI Neighborhood Real Estate Report Adacroft Commons Jan – May 2014

Ada MI Neighborhood Real Estate Report Adacroft Commons Jan – May 2014

 

Peony Tulips

Peony Tulips

Snapshot of Adacroft Commons Real Estate Activity

January 1 through May 31, 2014

 

Active Listings – 1

Pending Sales – 1

Sold Properties – 5

Average Sold Price = $182,878

 

Short inventory of homes in Adacroft Commons, which

is common in the Forest Hills School District.  Prices are on the

road to recovery from the 30-40% decline they saw during the

2007-2012 recession.  Scarcity of homes will eventually drive

prices up, but we aren’t seeing a huge increase.  Prices are inching

up slowly and interest rates are expected to do the same thing.

 

If you are interested in buying or selling an Adacroft Commons home, give

Terry a call at 616-292-7263.

 

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The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and what it is like to live in

West Michigan. We believe: Grand Rapids is a Great Place to Live!

 

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

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